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INVESTOR RELATIONS

Announcements

2009 - Public Disclosures -

18.12.2009

At the Board Meeting on 18.12.2009, Hamdi TOPÇU, Vice Chairman of the Board and Vice Chairman of The Executive Committee, has been appointed as the Chairman of the Board and Chairman of the Executive Committee, effective as of 01.01.2010. Per request of the Privatization Administration of the Prime Ministry, who owns Group C shares, Hamdi Topçu will be representing the Group C shares at the Board Meetings. Member of the Board Prof. Dr. Cemal Şanlı has also been appointed as the Vice Chairman of the Board.

17.12.2009

Dr. Candan KARLITEKİN,Chairman of the Board, has resigned, effective as of 01.01.2010.

16.12.2009

The Incorporation has decided to start operating “Istanbul – Dacca (Bangladesh) - Ho Chi Minh City (Vietnam)” route in the year 2010.

16.12.2009

Traffic results for the period of January-November 2009 are as follows:

  • During the period of January-November 2009 total passenger carried has increased by 10,3%, reaching to 23 million passengers from 20.8 million passengers for the same period of 2008. International Business Class and Transit passengers increased by 5,0% and 43,1% respectively for the same period.
  • L/F decreased by 3,4 point to 71,1%
  • ASK with 21,5% increase reached to 51.3 bn during the period January-November 2009 from 42.2 bn for the same period of 2008.
  • RPK with 15,9% increase reached to 36.5 bn during the period of January-November 2009 from 31.5 bn for the same period of 2008.
  • Number of landing 174.407 for the period of Jan-November 2008 has increased to 194.518 in 2009 (+11.5%).
  • Cargo/Mail carried during the period of Jan-November 2009 reached to 212.302 tons from 183.618 tons in 2008 (+15.6%).

09.12.2009

The Incorporation has decided to lease 1 B737-800 aircraft with serial number MSN 30296 from Wells Fargo Bank Northwest, National Association for 4 years, to be delivered in February 2010.

20.11.2009

The Incorporation has decided to lease 2 B737-700 aircraft with serial number MSN 34299 and 34300 from CIT Aerospace International for 4 years, to be delivered in December 2009.

11.11.2009

Traffic results for the period of January-October 2009 are as follows:

  • During the period of January-October 2009 total passenger carried has increased by 10.1%, reaching to 20.9 million passengers from 19 million passengers for the same period of 2008. International Business Class and Transit passengers increased by 4.7% and 44.7% respectively for the same period.
  • L/F decreased by 3.6 point to 71.5%
  • ASK with 20.9% increase reached to 46.3 bn during the period January-October 2009 from 38.3 bn for the same period of 2008.
  • RPK with 15.1% increase reached to 33 bn during the period of January-October 2009 from 28.7 bn for the same period of 2008.
  • Number of landing 158.683 for the period of Jan-October 2008 has increased to 176.459 in 2009 (+11.2%).
  • Cargo/Mail carried during the period of Jan-October 2009 reached to 186.676 tons from 166.146 tons in 2008 (+12.4%).

09.11.2009

İlgi: 25.02.2008
Previously we have announced that The Incorporation has decided to register ‘’Anadolu Jet’’ based in Ankara to operate domestically which will have low cost and attractive ticket price. In this context, The Incorporation has decided Anadolu Jet to continue its operations as a separate airline company, which will be owned 100% by THY.

30.10.2009

The Incorporation has decided to operate Istanbul-Basra-istanbul route after obtaining the traffic rights.

30.10.2009

The Incorporation has deciden to purchase 2 Airbus cargo aircraft A330-200F which will be received in the second half of the year 2010 and the other in the first half of 2011.

30.10.2009

Ref: Announcement dated 19.06.2009
The Incorporation has decided to exercise it optional right on 3 Airbus A330 aircraft to be delivered in the year 2012.

23.10.2009

The Incorporation has decided lease 2 B737-700, one from MSN 34753 Leasing Limited and one from MSN 34755 Leasing Limited.

13.10.2009

The attached table contains current monthly traffic information of the Incorporation.

13.10.2009

Traffic results for the period of January-September 2009 are as follows:

  • During the period of Jan-September 2009 total passenger carried has increased by 10.1% reaching to 18,6 million passengers from 16,9 million passengers for the same period of 2008. International Business Class and Transit passengers increased by 3.3% and 43.9% respectively for the same period.
  • L/F decreased by 4.0 point to 70,9%
  • ASK with 20.6% increase reached to 41,2 bn during the period Jan-September 2009 from 34,1 bn for the same period of 2008
  • RPK with 14.2% increase reached to 29,2 bn during the period of Jan-September 2009 from 25,6 bn for the same period of 2008.
  • Number of landing 141.450 for the period of Jan-September 2008 has increased to 157.633 in 2009 (+11.4%).
  • Cargo/Mail carried during the period of Jan-September 2009 reached to 162.158 tons from 148.600 tons in 2008 (+9.1%)
06.10.2009

The Incorporation has decided to lease 2 B737-700 aircraft from Celestial Aviation Trading 66 Limited for 6 years.

28.09.2009

The Incorporation has decided to start the Enterprice Resource Planning  (ERP) project and accordingly purchase the software needed for the ERP Project and the consulting services throughout the set up process of the project from SAP Türkiye Yazılım Üretim ve Tic. A.Ş. ("SAP"). The main objective to start the ERP Project is to have a data-processing system that will enable the management to make management decisions fastly by speeding up the current work process in the fields of Accounting, Finance, Human Resources and by gathering data instantly both from international and domestic offices.

17.09.2009

Traffic results for the period of January-August 2009 are as follows:

  • During the period of Jan-August 2009 total passenger carried has increased by 8.6%  reaching to 16,6 million passengers from 15,3 million  passengers for the same period of  2008.  Business Class and Transit passengers increased by 2.0% and 43.9% respectively for the same period.
  • L/F decreased by 4.2 point to 70,3%
  • ASK with 17.9% increase reached to 37 bn during the period Jan-August  2009  from 31,4 bn for the same period of 2008.
  • RPK with 11.3% increase reached to 26 bn during the period of Jan-August 2009 from 23,4 bn for the same period of  2008.
  • Number of landing  128.253 for the period of Jan-August 2008 has increased to 141.397 in 2009 (+10.2%). 
  • Cargo/Mail carried during the period of Jan-August 2009 reached to 141.333 tons from 129.950 tons in 2008  (+8.8%) 

31.08.2009

Ref: Announcement dated 19.12.2008

We have previously announced on 19.12.2008 that our  Board of Directors have decided that HAVAŞ will be a %50 partner in TGS Ground Handling Inc.
In this context, the process of  basing a partnership under TGS Ground Handling Inc. with the partnership agreement signed between the Incorporation and TGS Ground Handling Inc. has been approved by the Competition Board and is announced on the website of the Competition Board.

14.08.2009

Traffic results for the period of January-July 2009 are as follows:

  • During the period of Jan-July 2009 total passenger carried has increased by 9.7%  reaching to 13,7 million passengers from 12,5 million  passengers for the same period of  2008.  Business Class and Transit passengers increased by 2.5% and 43.6% respectively for the same period.
  • L/F decreased by 4.5 point to 69,5%
  • ASK with 19.7% increase reached to 30,6 bn during the period Jan-July  2009  from 25,6 bn in 2008.
  • RPK with 12.4% increase reached to 21,3 bn during the period of Jan-July 2009 from 18,9 bn for the same period of  2008.
  • Number of landing  106.104 for the period of Jan-July 2008 has increased to 118.071 in 2009 (+11.3%).
  • Cargo/Mail carried during the period of Jan-July 2009 reached to 121.603 tons from 112.520 tons in 2008  (+8.1%)

10.08.2009

The Incorporation has decided to include  one A321-200 to its fleet through Financial Lease.

17.07.2009

Traffic results for the period of January-Jun 2009 are as follows:

  • During the period of Jan-Jun 2009 total passenger carried has increased by 9.1% reaching to 11,2 million passengers from 10,3 million  passengers for the same period of  2008.  Business Class and Transit passengers increased by 1.5% and 43% respectively for the same period.
  • L/F decreased by 4.8 point to 68.2%
  • ASK with 19.1% increase reached to 25.3 bn during the period Jan-Jun 2009 from 21.3 bn in 2008.
  • RPK with 11.2% increase reached to 17.3 bn during the period of Jan-Jun 2009 from 15.5 bn for the same period of 2008.
  • Number of landing 88.313 for the period of Jan-Jun 2008 has increased to 98.171 in 2009 (+11.2%). 
  • Cargo/Mail carried during the period of Jan-Jun 2009 reached to 101.645  tons from 94.891 tons in 2008  (+7.1%)
13.07.2009

Ref: Announcement dated 05.10.2007

Previously we have informed that the Incorporation has decided to purchase G550 from Gulfstream Aerospace Corporation. In accordance with the decision of our Board of Directors, Gulfstream G550 aircraft purchased from Gulfstream Aerospace Corporation has been sold to The Prime Ministry. 

10.07.2009

We have announced on 03.07.2009 that the Incorporation has decided  to start feasibility report for the estabilishment of a jet fuel distribution company with OPET Petrolcülük A.Ş. Thus, at the Board meeting took place on 09.07.2009, the Board of Directors has decided to establish  a corporation,  50% owned by Turkish Airlines,  with Opet Petrolcülük A.Ş.

10.07.2009

At the Board meeting took place on  09.07.2009, the Board of Directors have decided to:

  • open İstanbul-Bologna  route in 2009 and operate atleast 3 times a week.
  • open İzmir-Atina route in 2009 and operate 5 times a week.
  • open İstanbul-Isparta (ISE)-İstanbul route in 2009.
06.07.2009

The Board of Directors have decided to start negotiating with OPET Petrolcülük A.Ş. to estabilish  a jet fuel distribution company and feasibility report on the work plan as well as required capital.

23.06.2009

Te Capital Market Board has approved with letter dated 19.06.2009 number 17/456 to increase the paid in capital to 875.000.000.—TL by 400% 700.000.000.—TL of which 150.906.552.76 TL from 2008 net profit and 549.093.447.24 TL from inflation adjustment. We have applied to Istanbul Commercial Regsitrar office on 23.06.2009 .

Shareholders have right to receive 400% bonus shares starting as of June 25th, 2009 for an indefinite period. Shares that are registered at MKK will receive bonus shares through MKK. Shares that are not registered at MKK will be able to receive bonus shares after registered at MKK as per Capital Market Law provision number 6 and Circular number 294, dated 30.01.2008 of MKK.

The Notice to the share holders regarding to the distribution of bonus shares will be published at Hurriyet and Sabah newspapers on June 25th, 2009.
 

19.06.2009

Incorporation previously announced that the manufacturers Boeing and Airbus are invited to give proposals for the purchase of 25 firm, 10 optional total of 35 Wide Body Long-Haul aircraft with double aisle and 50 firm, 20 optional total of 70 Narrow Body Medium-Haul aircraft with single aisle according to the fleet plan for 2009 – 2023 .  Thus, the Board of Directors have decided to purchase 7 firm 3 option total of 10 A330 aircraft from Airbus and 7 B777-300ER from Boeing.
 

19.06.2009

Incorporation has decided to rent 1 B777-300ER from Delaware Aircraft Lease 2007-B1 LLC as of September 2009 for 25 months.

11.06.2009

Traffic results for the period of January-May 2009 are as follows:

  • During the period of Jan-May 2009 total passenger carried has increased by 9%  reaching to 9 million passengers from 8.3 million  passengers for the same period of  2008.  Business Class and Transit passengers increased by 3% and 43.3% respectively for the same period.
  • L/F decreased by 4.7 point to 67.5%
  • ASK with 18.5% increase reached to 20.6 bn during the period Jan-May  2009 from 17.3 bn in 2008.
  • RPK with 10.8% increase reached to 13,9 bn during the period of Jan-May 2009 from 12,5 bn for the same period of 2008.
  • Number of landing 71.930  for the period of Jan-May 2008 has increased to 79.718 in 2009 (+10.8%).
  • Cargo/Mail carried during the period of Jan-May 2009 reached to 84.830  tons from 77.757 tons in 2008  (+9.13%)
25.05.2009

The Incorporation has given authority to the CEO to prepare feasibility report to establish a JV with Kyrgyzstan Government in order to make Kyrgyzstan Airlines as the flag carrier and has decide to sign a Memorandum of Understanding with Kyrgyzstan Government for the possible JV.

25.05.2009

The Incorporation has decided to start operating from Antalya to/from Stocholm, Paris and Dusseldorf in the year 2009.

25.05.2009

The incorporation has decided to empower the CEO to begin a feasibility report in order to establish a new company to educate well qualified workforce in the field of every aspect of civil aviation (air traffic control, airline financing, technical and operational inspection) where Turkish Airlines will be the majority shareholder.  The final feasibility report which will cover business plan, capital structure form, articles of association and all other necessary items shall be presented to the Board of Director for the final approval.

15.05.2009

Re: Annoucement dated 12.12.2008
The Incorporation has announced that 3 B777-300ER are wet-leased for the period of 6 months. However same aircraft will be leased as operational lease from Delaware Aircraft Lease 2007-B1 LLC and  Delaware Aircraft Lease 2007-B2 LLC companies as of 15.06.2009, 26.07.2009 and 10.07.2009.

12.05.2009

Re: Annoucement dated 06.05.2009 with number 10033

The Incorporation has applied to Capital Market’s Board (CMB) on 12.05.2009 to receive approval letter from  CMB   to increase 175.000.000 TL paid-in-capital of the Incorporation   by  700.000.000 TL,   of which 150.906.552,76 TL (%86,2323)  net profit of year 2008, 533.595.132,60 TL capital inflation adjustment difference and 15.498.314,64 TL special funds, total of  549.093.447,24 TL  (%313,7677)  to 875.000.000 TL.

12.05.2009

Traffic results for the period of January-April 2009 are as follows:

  • During the period of Jan-Apr 2009 total passenger carried has increased by 9.5%  reaching to 6,9 million passengers from 6,3 million  passengers for the same period of 2008.  Business Class and Transit passengers increased by 5.9% and 45.4% respectively for the same period.
  • L/F decreased by 3.9 point to 67.2%
  • ASK with 17% increase reached to 15,9 bn during the period Jan-Apr 2009 from 13,6 bn in 2008.
  • RPK with 10.7% increase reached to 10,7 bn during the period of Jan-Apr 2009 from 9,7 bn for the same period of 2008.
  • Number of landing 56.053  for the period of Jan-Apr 2008 has increased to 64.663 in 2009 (+10%).
  • Cargo/Mail carried during the period of Jan-Apr 2009 reached to 66.443  tons from 61.351 tons in 2008  (+8.3%) 
05.05.2009

The Board of Directors have aoppointed Chairman of the Board Mr.Candan KARLITEKIN as the Chairman of the Executive Committee and Deputy Chairman  Hamdi TOPÇU as the Deputy Chairman of the Executive Committee, Member of the Board & CEO Dr. Temel KOTIL as the member of the Executive Committee as of  05.05.2009.

05.05.2009

Incorporation has appointed Member of the Board Mr.Hamdi TOPCU as the Deputy Chairman of the Board at the Board meeting on  04.05.2009.

04.05.2009

The Incorporation has decided to continue Istanbul-Singapour network to Jakarta in 2009.

04.05.2009

The Board of Directors decided to replace  Vice President (Flight Opration) Mr. Koksal Koktuna with Asaf Ahmed Bora.  Mr. Koktuna’s 1. decree signature right has been cancelled and 1. decree signature right has been given to Mr. Bora.

14.04.2009

Traffic results for the period of January-March 2009 are as follows:

  • During the period of Jan-Mar 2009 total passenger carried has increased by 8.4%  reaching to 4,9 million passengers from 4,5 million  passengers for the same period of 2008.  Business Class and Transit passengers increased by 6.2% and 46% respectively for the same period.
  • ASK with 14.9% increase reached to 11,4 bn during the period Jan-Mar 2009 from 9,9 bn in 2008.
  • RPK with 8.8% increase reached to 7,5 bn during the period of Jan-Mar 2009 from 6,9 bn for the same period of 2008.
  • L/F decreased by 3.7 point to 66.1%
  • Number of landing 40.740 for the period of Jan-Mar 2008 has increased to 44.570 in 2009 (+9.4%).
  • Cargo/Mail carried during the period of Jan-Mar 2009 reached to 47.442 tons from 44.595 tons in 2008  (+6.4%)
04.04.2009

The Incorporation has decided to sell 2 A310-300 aircraft to Ariana Afghan Airlines.

25.03.2009

The Incorporation has decided to purchase 5 777-300ER aircraft to be delivered each month starting October 2010 until February 2011.

24.03.2009

The agreement with the labour union Türkiye Sivil Havacılık Sendikası (HAVA-İŞ) for the 21st period has been expired on 31.12.2009.  Since the negotiation for the 22nd period has been delayed due to the absence of a necessary majority and problems with authorisation procedures, the incorporation has decided to apply as of January 1, 2009 retroactive pay increase of 6%.

23.03.2009

The Incorporation has decided to terminate Duty Free services agreement signed with Setur Servis Turistik AS as of 31/03/2009, thus there will not be any inflight Duty Free services.

12.03.2009

Traffic results for the period of January-February  2009 are as follows:

  • During the period of January-February  2009  total passenger carried has increased by 9%  reaching to 3,1 million passengers from 2,9 million  passengers for the same period of 2008.  Business Class and Transit passengers increased by 7.8% and 51% respectively for the same period.
  • L/F decreased by 1,7 point to 66.2%
  • ASK with 11.6% increase reached to 7,2 bn during the period January-February  2009 from 6,5 bn in 2008.
  • RPK with  8% increase reached to 4,8 bn during the period of January-February  2009 from 4,4 bn for the same period of 2008.
  • Number of landing 26.492  for the period of January-February  2008 has increased to 28.606 in 2009 (+8%).
    Cargo/Mail carried during the period of January-February  2009 reached to 28.839  tons from 27.885 tons in 2008. (+3.4%).
25.02.2009

Boeing 737-800 type TC-JGE  aircraft which was leased from Perge Aviation Ltd and joined the fleet on 27 march 2002 had an accident during lending to Amsterdam Shipol Airport.

The aircraft has been insured under the fleet insurance policy according to the lease agreement with the terminal value of 41.767.200 USD thru the brokarage firm ALBATROS.  The officials from the brokarage firms  as well as the lead reassurer  Allianz will be  at the Amsterdam Shipol Airport tomorrow (26/02/2009)  for the appraisal report.

All of the passengers are insured for all the risks.  The insurance companies will cover indemnities to the relatives of the passengers passed away and treatment expenses of the injured passengers.

20.02.2009

The Incorporation has decided to purchase one A320 simulator and one A330/A340 simulator which will be delivered 10 and 13 months after the applicable agreements are  signed.

17.02.2009

The Incorporation has decided to start operating from Eskişehir (AOE)-Brüksel (BRU) during the year 2009.

13.02.2009

Traffic results for the period of January  2009 are as follows:

  • During the period of January  2009  total passenger carried has increased by 8.7%  reaching to 1,6 million passengers from 1,5 million  passengers for the same period of 2008.  Business Class and Transit passengers increased by 11.9% and 48.4% respectively for the same period.
  • L/F decreased by 1,9 point to 65.2%
  • ASK with 10.3% increase reached to 3,8 bn during the period January  2009 from 3,4 bn in 2008.
  • RPK with 7.1% increase reached to 2,5 bn during the period of January  2009 from 2,3 bn for the same period of 2008.
  • Number of landing 13.771  for the period of January  2008 has increased to 14.993 in 2009 (+8.9%). 
  • Cargo/Mail carried during the period of January  2009 reached to 13,330 tons from 13,324 tons in 2008.
10.02.2009

Turkish Airlines Inc, Finance Director Mustafa AYDIN has been appointed to Bosnia Airlines as the CFO and Turkish Airlines Inc Sarajevo Manager Okan ULUOCAK has been appointed to Bosnia Airlines as the Executive Vice President (Commercial).

29.01.2009

The Board of Directors have decided to initiate fuel hedging for 10% of the expected fuel consumption for the year in order to fix expenses and to minimise the negative impact of spot price fluctuatıons on total costs.

26.01.2009

The Incorporation has decided to open  Istanbul/Bingazi/Istanbul routes and start operating during the year  2009.

16.01.2009

Traffic results for the period of January- December 2008 are as follows:

  • During the period of Jan-Dec 2008 total passenger carried has increased by 15%  reaching to 22,8 million passengers from 19,6 million  passengers for the same period of 2007.  Business Class and Transit passengers increased by 23,2% and 41,3% respectively for the same period.
  • ASK with 11,3% increase reached to 46,3 bn during the period Jan-Dec 2008 from 41,6 bn in 2007.
  • RPK with 12,9% increase reached to 34,1 bn during the period of Jan-Dec 2008 from 30,2 bn for the same period of 2007.
  • L/F increased by 1,1 point to 73,8%
  • Number of landing 170,348 for the period of Jan-Dec 2007 has increased to 189,949 in 2008 (+11,5%).
  • Cargo/Mail carried during the period of Jan-Dec 2008 reached to 199,006 tons from 183,052 tons in 2007  (+8,7%)
09.01.2009

Incorporation has appointed Mr. Kazım Calıskan as Executive Vice President (HR)

06.01.2009

The Incorporation has appointed Mr. Orhan IKIZ, Executive Vice President (HR) as the Director of Inspection Board and Chief Financial Officer, Mr. Coskun KILIC will be responsible for the position of Executive Vice President (HR) as the Acting EVP (HR).